virginia revenues

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January state revenue collections down: Report

Governor McAuliffe announced today that January revenue declined by 1.1 percent. On a fiscal year-to-date basis, total revenue collections rose 5.3 percent, well ahead of the revised annual forecast of 3.1 percent growth.

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State revenues up 6.6 percent in August

Gov. Bob McDonnell announced Friday that total general fund revenue collections rose 6.6 percent in August. While August is not typically a significant month for revenue collections, mixed indicators continue to prompt caution and prudent fiscal leadership.